Get your Cash ISA working harder with a 1.5% bonus
ISA review
With the Bank of England base rate sitting at an all time low, it’s become hard to find
attractive yields on cash savings.
E-CASH ISA ANNUAL RATES
(including bonus)
- Gross Rate 2.1%
- Gross AER 0.6%
As always, tax efficiency remains an important weapon in the fight for higher returns, but the recent volatility of equity markets means more people
will be turning to Cash ISAs before the end of the 2008/2009 tax year. Bestinvest clients can now access the Scottish Widows E-Cash ISA which offers a highly competitive interest rate
with no hidden costs or penalties. Guaranteed to be no less than 0.25% below Scottish Widows bank base rate (currently 1%) until 31st December 2012 and with a bonus of 1.50% on the
interest rate for the first twelve months on the first account you open, we think this is attractive for low-risk savings.
Cash ISAs have been a popular choice since they were introduced in April 1999. In fact, the market value of Cash ISAs now stands at almost £140 billion*, nearly double that of Stocks & Shares ISAs. However, the average
interest rate on all Cash ISAs has been lower than the official base rate for most of the last three years. As a result,your cash is not working as hard for you as it should be. We’re therefore pleased to report the Scottish Widows E-Cash ISA, together with its bonusinterest rate, is available for ISA
transfers too, meaning you can give your past Cash ISAs a new lease of life.For further details on the Scottish
Widows E-Cash ISA please visit our website or call us for an application pack on 020 7189 9999.
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